Sharp Decline in Tesla's Danish Market

Tesla's new car sales in Denmark plummeted by 65.6% in March compared to the same period last year, as reported by Mobility Denmark. This significant downturn highlights the growing challenges Tesla faces in maintaining its market dominance.

Global Struggles and Local Impact

With only 593 cars sold in March, Tesla's performance in Denmark mirrors its global struggles. Economic constraints and the political backlash against CEO Elon Musk's views are contributing factors to this decline.

Additional Setbacks

Further complicating matters, a fire at a Tesla dealership in Rome resulted in the destruction of 17 vehicles. This incident adds to the company's woes, as its shares have already seen an 11% drop this month and a 35% decrease year-to-date.